Nick Tippett of PKF Francis Clark
Nick Tippett of PKF Francis Clark describes seeing through the sale of digital marketing agency Microserve to Investis Digital during COVID-19. He describes how he was introduced to the deal, the timescales and the challenges faced.
In September 2020, Microserve, a Bristol-based digital marketing agency, was sold (for an undisclosed sum) to Investis Digital, a London-based global digital communications company. Microserve is one of the UK’s largest accredited developers of the Drupal web content management framework. Microserve is comparatively small in turnover terms, with just over 20 employees. But for Investis, there is tremendous opportunity to offer services to existing clients, as well as tap into new clients. Investis has offices in New York, Frankfurt, Dublin, Helsinki and India.
In 2019, I ran a workshop at the annual Bristol Technology Festival. Matt Sharp, the founder shareholder of Microserve, attended the event on managing tech businesses through their funding and tax life cycle. After, I spent time getting to know the business and understanding shareholders’ objectives. In early 2020, Microserve was approached by Investis, which had a track record of making acquisitions to bolt on. We were in a great place to support the founder and management shareholders in the sale.
Continue reading
This content is not freely available. To access 'Nick Tippett of PKF Francis Clark ' you need to be one of the following:
-
ACA student
-
This content is available to ACA students. If you want to start the ACA qualification there are several routes you can take
-
Business and Finance Professional
-
An internationally recognised designation and professional status from the ICAEW.
-
Corporate Finance Faculty
-
Get connected with the largest network of professionals involved in corporate finance and an invaluable source of expertise.